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Budget 2022: GST hike to go ahead as planned, may be in two stages, say experts

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Some experts said the GST hike could come as early as July while others suggested it would come in mid-2023.

ST PHOTO: LIM YAOHUI

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SINGAPORE - Budget 2022 will reveal the timeline for the planned goods and services tax (GST) hike, though experts disagreed on when it will take place and whether the increase from 7 per cent to 9 per cent will be done in one go or in two stages.
Some experts said it could come as early as July while others suggested it would come in mid-2023.
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